SG Americas Securities LLC Buys 116,609 Shares of Vishay Intertechnology, Inc. $VSH

Key Points

• SG Americas Securities LLC increased its stake in Vishay by 355%, buying 116,609 shares to hold 149,461 shares (about 0.11% of the company) valued at roughly $2.17 million per its latest 13F filing.
• Vishay missed quarterly EPS estimates with $0.01 vs. $0.02 expected, but revenue rose 12.1% to $800.92 million; the company also paid a $0.10 quarterly dividend (annualized $0.40, ~2.2% yield).
• Wall Street sentiment is mixed-to-negative, with a MarketBeat consensus rating of Reduce and a $18.00 price target, while individual analyst opinions range from strong-buy to strong-sell.

SG Americas Securities LLC raised its stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 355.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 149,461 shares of the semiconductor company's stock after acquiring an additional 116,609 shares during the period. SG Americas Securities LLC owned approximately 0.11% of Vishay Intertechnology worth $2,166,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of Vishay Intertechnology by 26.6% during the 1st quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company's stock valued at $1,142,000 after acquiring an additional 15,079 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Vishay Intertechnology by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,123 shares of the semiconductor company's stock worth $1,179,000 after purchasing an additional 2,250 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Vishay Intertechnology by 5.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 250,154 shares of the semiconductor company's stock worth $3,977,000 after purchasing an additional 12,547 shares during the period. Prudential Financial Inc. raised its stake in Vishay Intertechnology by 6.1% during the 2nd quarter. Prudential Financial Inc. now owns 118,140 shares of the semiconductor company's stock valued at $1,819,000 after buying an additional 6,771 shares during the last quarter. Finally, M&T Bank Corp bought a new position in shares of Vishay Intertechnology during the 2nd quarter valued at $868,000. Institutional investors own 93.66% of the company's stock.

Vishay Intertechnology Stock Down 0.1%

NYSE VSH opened at $18.56 on Friday. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $22.00. The company has a current ratio of 2.62, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46. The stock has a market cap of $2.52 billion, a PE ratio of -265.10 and a beta of 1.13. The stock's 50 day moving average is $18.57 and its 200 day moving average is $16.56.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.01). Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The firm had revenue of $800.92 million during the quarter, compared to the consensus estimate of $790.47 million. The firm's revenue for the quarter was up 12.1% compared to the same quarter last year. Research analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.2%. The ex-dividend date was Thursday, March 12th. Vishay Intertechnology's dividend payout ratio is presently -571.43%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VSH. Zacks Research lowered Vishay Intertechnology from a "hold" rating to a "strong sell" rating in a report on Monday, February 9th. JPMorgan Chase & Co. raised their target price on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a "neutral" rating in a research report on Thursday, February 5th. Argus upgraded Vishay Intertechnology to a "strong-buy" rating in a research note on Monday, February 9th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. Finally, Bank of America raised their price objective on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an "underperform" rating in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus price target of $18.00.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company's portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay's components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.

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